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House Moves Quickly on Annual Appropriations

The House of Representatives quickly began its FY2016 appropriations process this week, agreeing to a balanced budget resolution and passing two of twelve annual spending bills. Congressman John Shimkus (R, Illinois-15) voted in support of the House-Senate budget agreement and Military Construction - Veterans Affairs (VA) funding on Thursday, as well as the Energy and Water appropriations bill on Friday.

Shimkus, Bost & Davis Question Energy Regulator Over Rate Spike

Congressman John Shimkus (R, Illinois-15) sent a letter to the Federal Energy Regulatory Commission (FERC) today questioning this month’s Midcontinent Independent System Operator (MISO) planning resource auction that resulted in significantly higher electricity capacity prices for central and southern Illinois. Congressmen Mike Bost (R, Illinois-12) and Rodney Davis (R, Illinois-13) joined Shimkus on the letter

Rep. Lipinski Helps Secure Grant for Lewis University Airport

Congressman Dan Lipinski (IL-3) is announcing that Lewis University Airport in Romeoville will be receiving a grant for $490,615 for a taxiway to the aviation center. This grant is part of a public-private collaboration that includes Lewis University, the airport, and the State of Illinois. This airport improvement is expected to promote job creation by attracting more businesses to the region and help the Lewis University Aviation program.

Foster Announces $2.7 Million Grant for Flood Protection in DuPage County

Congressman Bill Foster announced that DuPage County will be receiving a $2.7 million Hazard Mitigation Grant from the Department of Homeland Security (DHS) and the Federal Emergency Management Agency (FEMA) to fund the acquisition and demolition of 13 flood prone residential properties.

Quigley Meets with Secretary Geithner to Discuss Chicago Housing Crisis

WASHINGTON, DC - November 3, 2011 - (RealEstateRama) -- Yesterday, U.S. Representative Mike Quigley (IL-05) met with U.S. Secretary of the Treasury Timothy Geithner to discuss the housing and foreclosure crisis in the City of Chicago and surrounding area. The meeting followed Quigley’s Foreclosure Assistance Fair this past weekend in Chicago, where more than 200 constituents sought assistance from mortgage lenders, government agencies, and housing counselors.

Manzullo Introduces Legislation to Ensure Fannie Mae, Freddie Mac Pay Back Losses to Taxpayers

Washington, DC - July 7, 2011 - (RealEstateRama) -- Congressman Don Manzullo (R-Egan) introduced legislation today to require Fannie Mae and Freddie Mac to continue paying annual dividends back to the US Treasury to ensure the “ringleaders” of the housing crisis keep paying off their debt to American taxpayers.

Manzullo Unveils Legislation to Ensure Housing Collapse “Ringleaders” Pay Back Losses to Taxpayers

Washington, DC - May 16, 2011 - (RealEstateRama) -- Congressman Don Manzullo (R-Egan) has unveiled legislation to require Fannie Mae and Freddie Mac to continue paying annual dividends back to the US Treasury to ensure the “ringleaders” of the housing crisis keep paying off their debt to American taxpayers.

Hare Secures $1 Million for the I-74 Bridge

July 30, 2010 - (RealEstateRama) -- Congressman Phil Hare (D-IL), a member of the House Transportation and Infrastructure Committee, tonight voted for the Fiscal Year 2011 Transportation and Housing and Urban Development Appropriations Act which included $1 million for the I-74 Bridge. This is in addition to the $1.2 million he secured last year.

Rep. Foster Introduces Bill Designating Ronald Reagan Post Office Building

Washington, DC - May 13, 2010 - (RealEstateRama) -- Rep. Bill Foster (IL-14) introduced H.R. 5278, legislation to designate a Dixon post office as the Ronald W. Reagan Post Office

Hare Supports Legislation to Create Jobs, Promote Energy Efficiency

May 7, 2010 - (RealEstateRama) -- Congressman Phil Hare (D-IL) today voted for the Home Star Energy Retrofit Act, legislation that would create nearly 170,000 jobs by investing in the clean energy economy. The bill would provide rebates to homeowners who install energy-saving products and reduce energy use in their homes.

Representative Danny K. Davis Introduces Legislation to Spur Economic Development in Real Estate

Washington, D.C. - March 16, 2010 - (RealEstateRama) -- On March 12, 2010 Congressman Danny K. Davis (D-IL), along with Representatives Peter Roskam (R-IL) and Patrick Tiberi (R-OH) introduced, H.R. 4839, a bill that will enhance economic development in underserved areas. The bill will modify Section 118(a) of the federal tax code to reflect the increased use of partnerships or Limited Liability Corporations (LLCs), an exemption already provided to corporations

Rep. Foster Introduces Bill to Promote Responsible Homeownership and Neighborhood Stabilization

Washington, DC - March 12, 2010 - (RealEstateRama) -- Yesterday, Congressman Bill Foster (IL-14) introduced legislation that will promote neighborhood stabilization by incentivizing short sales as a preferable alternative to foreclosure

Shimkus Announces LIHEAP Funding; Calls on Obama to Release More Funds

Washington, DC - January 14, 2010 - (RealEstateRama) -- Congressman John Shimkus (R, Illinois-19) has co-signed a letter with 112 of his colleagues, both Republicans and Democrats, to President Obama asking that Low Income Home Energy Assistance Program (LIHEAP) contingency funds be released

Schock Joins Bipartisan Effort to Urge President to Release LIHEAP Funds

Washington, DC - January 12, 2010 - (RealEstateRama) -- Congressman Aaron Schock (R-IL) joined 132 of his colleagues in writing to President Barack Obama this week, requesting he release emergency funds from the Low Income Home Energy Assistance Program (LIHEAP).

Quigley Hears Constituent Horror Stories, Drafts Measure Demanding Honesty from Mortgage Lenders

Amendment to Wall Street reform bill will shine light on loan modification process, help working families get straight answers, and prohibit egregious delay tactics or non-disclosure. WASHINGTON, DC - December 10, 2009 - (RealEstateRama) -- Today, Congressman Mike Quigley (D-IL) offered an amendment to provide greater fairness and transparency to homeowners who may have been improperly denied a loan modification on their mortgage without any explanation. The measure, an amendment to H.R. 4173 – the Wall Street Reform and Consumer Protection Act of 2009, was in direct response to horror stories shared by constituents and taxpayers across the country. Quigley’s amendment has the strong support of a broad coalition of consumer advocates, including the NAACP, AFL-CIO, and National Fair Housing Alliance

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Investigation by CHA and HUD Inspectors General ends with guilty plea...

The Chicago Housing Authority will receive restitution for money stolen by a former contractor and her husband after the pair pleaded guilty to stealing funds intended for the Housing Choice Voucher (HCV) program, a crime that was exposed following an investigation by the CHA’s Office of the Inspector General.

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CHA Board approves funding to support development of Southbridge – formerly...

The CHA Board of Commissioners Tuesday approved up to $24.8 million in funding for the first two development phases at Southbridge, a contemporary mixed-use, mixed-income community on the footprint of the former Harold Ickes Homes.